FX.co ★ GBP/USD

It is worth noting that nothing has changed for the GBPUSD pair either, because the upward movement has continued. We have once again updated the highs, but so far we still haven’t managed to consolidate above 1.3505, and we also didn’t get a decent pullback. Personally, I wanted to see a more substantial correction, but it is what it is. Of course, the weakness of the buck also played a role here, which is not surprising since we got negative NFP. However, unemployment itself decreased, and that may still have an impact. But we shouldn’t forget that next week we’ll have inflation data in the States, as well as GDP in Britain. Overall, I’m still looking to the upside, but a pullback is needed. And if we again go at least below 1.3455, I’ll buy there as well, but with a stop.